Overview

Oil Rig introduces the first Proof-of-Work token on Solana, bringing CPU-based mining back to Solana. You can start mining $OIL by simply visiting https://oilrig.io, entering your SOL address, and clicking "Start Drilling". The system uses a custom SHA-256 algorithm optimized exclusively for CPUs. When you find a barrel, the entire barrel reward pool is instantly sent to your address, funded by creator rewards that auto-buy $OIL every 3 minutes.

This overview is imported from market-data provider metadata. Project claims should be checked against the linked documentation and on-chain evidence.

Identity

• Name: Oil Rig
• Symbol: OIL
• Provider-listed chain: solana

Names and ticker symbols are not unique. Match the network and contract address against the project's documentation and a block explorer before identifying a token.

Sources and further reading

• Project website (provider-listed)
• Block explorer 1
• Block explorer 2
• Block explorer 3
• CoinGecko identity and metadata

A provider listing establishes how the asset is catalogued; it does not independently verify project claims or endorse the asset.